Investment Q&A

Q: BEPC has been a favorite of yours for a long time. I bought it more towards the highs a couple years ago when there was so much talk about renewables from the Biden administration and everyone was piling into renewables. Since then this stock has gone down and it was your favorite two years ago at all time highs and now around 20 dollars off its high it is still a top dividend pick. I also averaged down on it based on how favorable you spoke about this company but I have still not broken even. My question is in what environment would you see this stock doing well again? What would be a catalyst for this stock performing well and why is it still a top dividend pick? Does it represent value at this price and could you please comment on the profitability of this company. Thank you!

Q: I've held BNS for 7 years now, and it's barely moved in that time. What is your rationale on continuing to hold this bank in the BE profile? At what point would you consider a switch?

Q: Good Morning and Happy New Year

I have a few different accounts and I am very well diversified with dividend payers across the board assuming it was one big account. I will be getting one more registered account where contributions will be small and it will not have a lot of funds. I am going to treat this account as if it was on its own. Right now all I have in it is ZDV. I know it is hard to be diversified with only 4 holdings but if I were only to hold 4 stocks in this account what 3 others would you recommend to go with ZDV? I would like to have all 4 paying a dividend as well.

Thanks

Q: These are my current holdings and I am looking forward to 2023. They are held in relatively the same quantities in 5 different accounts, a RRIF, 2 TFSA's and 2 Non registered accounts. I am retired an enjoy the income. Do you see any issues with these holdings or have any suggestions looking forward. The only non dividend holding is AR.
Take any extra credits as necessary. Thank you in advance. Enjoy and appreciate 5i'S help. Happy New Year.

Q: I am looking for a good ETF focusing on dividends. What are you thoughts on HAL. Are there others you would consider better options?

Q: I'm looking to start a dividend paying portfolio. Can you recommend 7 companies to start out with? thanks

Q: Which of these is a better long term hold for an income investor?
Both of these are showing very high yields, PEY at 11%!? Is this sustainable?
I currently hold PEY in a cash account and am down although I'd like to add more to this sector.

I see a few options here:
Sell PEY, buy PNE and hold
Sell PEY, buy PNE return to PEY after tax loss harvested
Buy more PEY over allotment and sell excess after tax loss harvested
Any thoughts on these options?

Thanks

Q: Can you explain the difference between the above three and which one you prefer.
Thank you.

Q: I think I know the answer but can you confirm that the payment from this is considered interest and not a dividend by CRA? With that in mind what are your top picks for yield and capital preservation with a dividend yield to save taxes?
Thanks
Richard

Q: I don't understand. A recent 5i answer on AQN stated:
"On an operating cash flow basis, the dividend was still coverered in the 12 months to Sept 30."
As I look at the Balance & Income Sheets as of Q3:
Working capital is $-579,890,000
Net income for the 3 quarters this year is $-182,000,000.

AQN will payout $0.92 per share in dividends for the year. They've already committed to $0.22 for Q4
676 million shares x $0.92 = $616,400,000 payable in dividends for the 2022 year ($154,000,000 to be paid in Q4)

Somehow, somewhere isn't it true that the dividend payments must be impacting that negative working capital, the negative net income, the increasing debt amount and increasing interest to service the debt? In essence, aren't the dividends coming from borrowing, whether directly or indirectly?

Thanks, always appreciate 5i's perspective.

Q: In adding to my cash account, which of LIF and RUS do you prefer and why?

Q: Hi Peter, Ryan, and Team,

For this year's TFSA, and being underrepresented in energy, please rank CNQ, SU, and TOU. Any other suggestions would be welcome.

Thanks in advance.

Q: Hello, I am underweight Consumer Defensives, currently having only a small position in Costco.

Could you rank your favourite ideas in this sector with growth potential and current valuation as important criteria?

Thank you, Doris

Q: Happy New Year - I am a retiree who depends on dividend income. I have half positions in EIF and TFII. I am considering taking my gains in TFII and buying more EIF which would not put it over 5% of my holdings. The increased dividend is attracting me and I'm wondering about the security of the EIF payout. My TFII gains can be offset with losses in other positions so taxes are not an issue. Trying to consolidate my holdings as the PA says I have too many small ones. Thanks

al

Q: which company is the safest buy in your opinion TRA OR ENB ?

Q: I would appreciate your take on WTE please. It is trading today at $23.02, off a 52 week low of $21.59. Dividend appears solid and diversification of customers/product ongoing. The stock has been downgraded to hold by a number of analysts. While there is a recession sensitivity, the dividend and a "target" valuation of +/- $33 is appealing over a 3-5 year hold time frame. Again, thanks for your work and insights.

Q: Hello Team.. My question is on TRP which has a 48% ownership position of Bruce power station. Could this be considered a risky asset considering the high cost of future repairs and the potential liability of an accident given its advanced age. I have considered TRP as core holding with a great dividend but the nuclear side of the equation concerns me. I have a strongly positive bias towards nuclear energy so your perspective would be appreciated. Thanks. Gary

Q: A good entry point for QSR? How can the addition of someone from Dominos help with the next leg of growth?

Q: Good day,

Can you please rank the following for me in terms of personal preference - ENB, KEY, PPL, T, BCE, SLF, TRP. I own them all, but just want to see how closely calibrated my weightings are compared to your relative rankings.

Thank you.

Q: Happy New Year !
A bit of income, a bit of growth. For a long therm retired 79 is the whole thing sustainable?
Thanks
Dan